Global Markets Trading Assistant

Bank of America; New York (NY); On-site; USD 85,000 - 120,000; Full time

Job summary

Bank of America is seeking a trade controls professional to maintain established trade control processes including trade booking, validation, and ongoing maintenance. The role focuses on reconciling trades across front-office risk systems and back-office ledgers, while supporting onboarding decisions and reporting.

You will work with global teams to uphold best-in-class controls, develop product knowledge, and contribute to accurate KPI reporting and operational efficiency.

Qualifications

• Experience in maintaining trade control processes and trade maintenance.
• Ability to reconcile trades across front and back office systems.
• Strong attention to detail and data integrity in financial reporting.
• Familiarity with regulatory and compliance requirements in trade operations.

Responsibilities

• Supports sales and trading desks and ensures accurate trade booking.
• Reconciles trades between front office risk systems and back office ledgers.
• Develops cross-asset product knowledge related to financial instruments accounting.
• Collaborates with global teams to enforce best-in-class controls and practices.
• Assists with onboarding-related decisions and client-related process points.

Job description

Job Description

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description

This job is responsible for maintaining already developed trade control processes, such as trade booking, trade validation, and ongoing trade maintenance and reporting. Key responsibilities include reconciliation of trades between front office risk systems and back office sub ledgers, assisting the front office with trade bookings for a number of derivative products in multiple risk systems. Job expectations include delivering support for new products and initiatives, providing, analysis and Key Performance Indicator/Monetary Instrument Sales reporting.

Responsibilities

• Supports sales and trading desks
• Assists the front office with trade booking and ensures trades are captured accurately between front office risk systems and back office ledgers
• Develops cross-asset product knowledge by utilizing knowledge of financial instruments accounting
• Partners with existing teams globally to achieve the best in class controls and practices in trade support
• Negotiates delicate decision points around client on-boarding choices

Managerial Responsibilities

• Opportunity & Inclusion Champion: Creates an inclusive team where members are treated fairly and respectfully.
• Manager of Process & Data: Demonstrates and expects process knowledge, data driven decisions, simplicity and continuous improvement.
• Enterprise Advocate & Communicator: Delivers clear and concise messages that motivate, convey the “why” and connects contributions to business results.
• Risk Manager: Leads and encourages the identification, escalation and resolution of potential risks.
• People Manager & Coach: Knows and develops team members through coaching and feedback.
• Financial Steward: Manages expenses and demonstrates an owner’s mindset.
• Enterprise Talent Leader: Recruits, on-boards and develops talent, and supports talent mobility for career growth.
• Driver of Business Outcomes: Delivers results through effective team management, structure, and routines.

Skills

• Attention to Detail
• Client Management
• Data Quality Management
• Recording/Organizing Information
• Trade Monitoring
• Account Management
• Financial Management
• Quality Assurance
• Relationship Building
• Sales Performance Management
• Business Operations Management
• Consulting
• Regulatory Compliance
• Reporting
• Trade Operations Management

Shift

1st shift (United States of America)

Hours Per Week

40